Vashon House Hold

Analysis

Vashon House Hold is a registered charity in United States, based in Vashon, WA. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vashon House Hold reported income of $1.4m and spending of $1.5m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $414k to $1.4m (+239%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vashon House Hold sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include His House Outreach Ministries Inc ($1.4m), Episcopal Housing Foundation Inc ($1.4m) and Community Homes Housing Incorporated ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $266k. At year end it held assets of $16.2m against liabilities of $19.9m, net assets of -$3.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.